Monday, January 26, 2015

Company Payroll Structure Prepare In LinesPay : Part -1



Payroll Module is divided into two parts.
·         Payroll Item
·         Pay scale.

Payroll Item:
Payroll Item is the basic building block of Payroll Structure. There are 4 types of payroll Item in our System.
1.       Income
2.       Addition
3.       Deduction
4.       Tax




Scenario:
Zyx Ltd company payroll structure is given below.

For Executive,
Basic is 55% of Gross,H.R. 35% of Gross ,Medical Allowance  10% of Gross, Transport 20%of basic, Mobile Bill 1000 tk,1day of basic deduction from every absent days.

For Worker,
Basic=(Gross-200)/1.4

H.R. = 40% of Basic
Medical = 200tk
O.T. = (1/208)×O.T.Hour ×Basic
Attendance Bonus = 400 tk for Full Attendance
Absent =1day of gross for absent days.

Step 1, Identify Payroll Item.
Basic is 55% of Gross,H.R. 35% of Gross ,Medical Allowance  10% of Gross, Transport 20%of basic, Mobile Bill 1000 tk,1day of basic deduction from every absent days.

Step 2, Identify Payroll A/C Type,
Income Type:
Only Base item which calculation doesn't depend on any other payroll item.
Basic 55% of gross
H.R. 35% of gross
Medical Allowance 10% of gross


Question???

What will be the Payroll A/C Type of Mobile Bill?

Addition Type:
Except income item all additional Payroll Item.
Transport Allowance = 20% of Basic.

Deduction Type:
Deduction Payroll Item.
Absent=1day of Basic for each day

Step 3, Calculation,
First Need to find Calculation Type whether it’s percentage or Flat Amount.
Payroll  A/C Type
Calculation Type
Payroll Item
Amount
Income
Percentage
Basic
55
Income
Percentage
H.R.
35
Income
Percentage
M.A.
10
Addition
Percentage
T.A.
20
Deduction
Percentage
Absent
???

For
Absent Deduction It’s depend on Absent Days & Daily Basic Salary. Its Calculation will be like this.
Absent Deduction= Basic/(days in Month)×Absent Days 

Next Day we will let you know how to insert this on LinesPay



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